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Business Organizations Law

Faculty Journal Articles and Book Chapters

Series

2021

Articles 1 - 2 of 2

Full-Text Articles in Law

Codeterminination In Theory And Practice, Grant M. Hayden, Matthew T. Bodie Jan 2021

Codeterminination In Theory And Practice, Grant M. Hayden, Matthew T. Bodie

Faculty Journal Articles and Book Chapters

Codetermination—a system of shared corporate governance between shareholders and workers—has been mostly ignored within the U.S. corporate governance literature. When it has made an appearance, it has largely served as a foil for shareholder primacy and as an example of corporate deviance. However, over the last fifteen years—and especially in the last five—empirical research on codetermination has shown surprising results as to the system’s efficiency, resilience, and benefits to stakeholders.

This Article reviews the extant American legal scholarship on codetermination and provides a fresh look at the current state of codetermination theory and practice. Rather than experiencing the failures predicted …


Autonomous Business Reality, Carla L. Reyes Jan 2021

Autonomous Business Reality, Carla L. Reyes

Faculty Journal Articles and Book Chapters

Society tends to expect technology to do more than it can actually achieve, at a faster pace than it can actually move. The resulting hype cycle infects all forms of discourse around technology. Unfortunately, the discourse on law and technology is no exception to this rule. The resulting discussion is often characterized by two or more positions at opposite ends of the spectrum, such that participants in the discussion speak past each other, rather than to each other. The rich context that sits in the middle ground goes disregarded altogether. This dynamic most recently surfaced in the legal literature regarding …